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Flipkart to hire 1,200 people in 2017: Start-up sector to get a boost

Loss of investor confidence in Flipkart last year sparked off a chain reaction in startup sector

Flipkart
The logo of India's largest online marketplace Flipkart is seen on a building in Bengaluru (Photo: Reuters)

India’s largest e-commerce marketplace Flipkart is returning to the job market with an intent to hire 1,200 people this year, potentially sparking the revival of confidence in India’s start-up sector. Seen as a torchbearer, the loss of investor confidence in Flipkart last year sparked off a chain reaction in India’s start-up sector. Now flush with $1 billion in fresh funding, albeit at a lower valuation, the company’s narrative could have a positive effect on India’s ecosystem. “In 2017-18, we are certainly looking to increase the ...